The race to build data centers is reshaping power grids, construction markets and corporate capital spending on Earth. Now, some of the biggest names in technology and space want to move part of that infrastructure into orbit. This would launch a new frontier for insurers — if they can figure out how to price a…
As Europeans scramble to stay cool amid a record-breaking heatwave, Big Tech faces its own battle to keep the powerful chips in AI data centers running. Temperatures this week have underscored the impact the weather can have on infrastructure like factories, nuclear power plants and data centers. Extra demand from air conditioning units can overload…
The Thailand-flagged cargo ship Mayuree Naree engulfed in black smoke in the Strait of Hormuz, March 11, 2026. Reuters For companies operating in the Middle East, the difference between a covered loss and an uninsured one may come down to a single word: war. Many businesses in the region bought insurance that protects against terrorism…
AI data centers are becoming a “stress test” for insurers as rapid technological advancements and the use of increasingly complex financial structures present a unique set of challenges and opportunities for the sector. Global spending on data centers could reach $7 trillion by 2030, according to McKinsey, and much of that spending can no longer…
Demand for new AI data centers is surging, but they can’t build themselves. Big Tech is funneling billions into building out these specialized facilities, with the four hyperscalers, Alphabet, Microsoft, Meta, and Amazon, committing nearly $700 billion in combined capex spending this year to fund these developments. Amazon said last month that it’s committing $12…
Commercial vessels are pictured offshore in Dubai on March 11, 2026. – | Afp | Getty Images Iran’s de facto blockade of the Strait of Hormuz has stoked fears of the gravest disruption to global oil supply in history, as the Middle East conflict stretches into its third week. The blockade has squeezed shipping traffic…
U.S. importers will be facing many hurdles trying to recover billions in tariff costs now that the Supreme Court has ruled President Donald Trump‘s International Emergency Economic Powers Act, or IEEPA, tariffs are illegal. Companies large and small may be eligible for refund payments that in total could reach hundreds of billions of dollars, but…
A photograph shows a sign at the Congress Centre on the opening day of the World Economic Forum annual meeting in Davos, Switzerland, Jan. 16, 2023. Fabrice Coffrini | AFP | Getty Images Global power rivalries and strategic standoffs top the list of most severe near-term risks heading into 2026, according to the World Economic…
